Omni Active Health Technologies acquired ENovate Biolife in 2024. What is ENovate Biolife known for?
ABotanical health solutions
BMedical devices
CAl health tech
DGenetically engineered ingredients
Answer:
A. Botanical health solutions
Read Explanation:
ENovate Biolife is known for botanical health solutions. Omni Active Health Technologies acquired ENovate Biolife in 2024.
ENovate Biolife specializes in clinically studied botanical ingredients for various health areas, including sports nutrition, joint health, heart health, and men's health
OmniActive Health Technologies, a Mumbai-based nutraceutical company, has acquired ENovate Biolife, a developer of botanical ingredients.
This acquisition, funded through internal accruals, marks OmniActive's second strategic expansion. OmniActive aims to double its revenue to ₹2,000 crores within the next 5 to 6 years
